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Bailout approved! - The Cyprus Situation Room
03-25-2013, 04:02 PM #151
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
(03-25-2013, 03:50 PM)Shadow Wrote:  
(03-25-2013, 03:40 PM)DaJavoo Wrote:  They had no choice other than to cut Cyprus out of the EU ~ and the LNG deposits outweigh the bank deposits. It's a helluva haircut and those pesky offshore 'investors' are not going to be all shits and giggles. Ramifications will certainly be interesting. I'm really kinda' surprised there was no last minute rescue from Russia ~ and that could be worrisome, because if they left billions on the table here...there must be a mega-shït load of gain sitting in the wings.


Could be Putin is content with this. all that oligarch money (or 60% of it lol) gets repatriated to Russia under his control and he never lifted a finger.

The next stage damned.gif

Dutch Bank ABN Amro has sent a letter to clients this weekend informing them that they will halt extradition and physical delivery of their clients’ gold holdings effective April 1st!

http://www.silverdoctors.com/dutch-bank-...-delivery/


I don't see that one, Shadow. The new bank operators aren't gonna' repatriate crap. Where/how are you seeing that one? tia
03-25-2013, 04:02 PM #152
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
hug.gif morning Yankees. Yeah all according to plan.
03-25-2013, 04:02 PM #153
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
(03-25-2013, 03:55 PM)Octo Wrote:  It's like a game of freakin chess. 13.gif


They are even using a three-minute clock. chuckle.gif
03-25-2013, 04:05 PM #154
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(03-25-2013, 04:02 PM)DaJavoo Wrote:  I don't see that one, Shadow. The new bank operators aren't gonna' repatriate crap. Where/how are you seeing that one? tia


Just speculation DaJ, Putin had the chance to bail them out and turned them down. Those oligarchs are not going to leave their money in banks the IMF now controls.
03-25-2013, 04:22 PM #155
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(03-25-2013, 02:44 AM)Octo Wrote:  Small homemade...? damned.gif


They blew up an ATM

03-25-2013, 04:23 PM #156
Kreeper Griobhtha
Posts:10,585 Threads:633 Joined:Feb 2011
I remember reading a long time ago that there were two POOs. The Russians and the Euromericans. The two don't get along and typically work against each other for financial and resource control. I wasn't too sure about all that, but now I am wondering.

I am not your rolling wheels, I am the highway
I am not your carpet ride I am the sky
I am not your blowing wind, I am the lightning
I am not your autumn moon, I am the night
The night
03-25-2013, 04:26 PM #157
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
(03-25-2013, 04:05 PM)Shadow Wrote:  
(03-25-2013, 04:02 PM)DaJavoo Wrote:  I don't see that one, Shadow. The new bank operators aren't gonna' repatriate crap. Where/how are you seeing that one? tia


Just speculation DaJ, Putin had the chance to bail them out and turned them down. Those oligarchs are not going to leave their money in banks the IMF now controls.


Possibly ~ but they didn't put it in the Homeland to start with and there are plenty of offshore options, if and when they get to withdraw any of it.
03-25-2013, 04:33 PM #158
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(03-25-2013, 04:26 PM)DaJavoo Wrote:  if and when they get to withdraw any of it.


True, they passed the capital controls. What a mess the EU has made of Cyprus sad2.gif Spain next.
03-25-2013, 05:17 PM #159
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
(03-25-2013, 04:33 PM)Shadow Wrote:  
(03-25-2013, 04:26 PM)DaJavoo Wrote:  if and when they get to withdraw any of it.


True, they passed the capital controls. What a mess the EU has made of Cyprus sad2.gif Spain next.


Without doubt. There has got to be more frantic restructuring going on in ALL of Europe (especialy PIIGS) to keep on step ahead of this, or at least keeping their snouts above the liquid line.

One thing of benefit is that the "little" man's six-pack money was more or left alone or it woulda' been torches and pitchforks. However, when Ιωσηφ Grappa Pack figgers out what those Euros won't buy any longer there will be blood and guts in the streets.
03-25-2013, 05:27 PM #160
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
I see Krugman at the NYTimes is saying the US should adopt capital controls so they don't get 'Cyprused' wtf2.gif
03-25-2013, 05:35 PM #161
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
(03-25-2013, 05:27 PM)Shadow Wrote:  I see Krugman at the NYTimes is saying the US should adopt capital controls so they don't get 'Cyprused' wtf2.gif


Oh, FFS ~ that Keynesian Douche couldn't find his ass with a flashlight and a mirror.
03-25-2013, 05:42 PM #162
Octo Mother Superior
Posts:42,587 Threads:1,469 Joined:Feb 2011
(03-25-2013, 04:33 PM)Shadow Wrote:  
(03-25-2013, 04:26 PM)DaJavoo Wrote:  if and when they get to withdraw any of it.


True, they passed the capital controls. What a mess the EU has made of Cyprus sad2.gif Spain next.


Now that's gonna be a bloody mess. damned.gif
03-25-2013, 05:48 PM #163
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
(03-25-2013, 04:02 PM)Shadow Wrote:  hug.gif morning Yankees. Yeah all according to plan.


Morning Canucker hug.gifchuckle.gif

Just wait until they come for your dog sleds and bacon. coffeetime.gif

Biere.
03-25-2013, 06:40 PM #164
Kreeper Griobhtha
Posts:10,585 Threads:633 Joined:Feb 2011
(03-25-2013, 05:35 PM)DaJavoo Wrote:  
(03-25-2013, 05:27 PM)Shadow Wrote:  I see Krugman at the NYTimes is saying the US should adopt capital controls so they don't get 'Cyprused' wtf2.gif


Oh, FFS ~ that Keynesian Douche couldn't find his ass with a flashlight and a mirror.


Krugman or Blowbama?


coffeetime.gif

I am not your rolling wheels, I am the highway
I am not your carpet ride I am the sky
I am not your blowing wind, I am the lightning
I am not your autumn moon, I am the night
The night
03-25-2013, 06:44 PM #165
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
(03-25-2013, 06:40 PM)Kreeper Wrote:  
(03-25-2013, 05:35 PM)DaJavoo Wrote:  
(03-25-2013, 05:27 PM)Shadow Wrote:  I see Krugman at the NYTimes is saying the US should adopt capital controls so they don't get 'Cyprused' wtf2.gif


Oh, FFS ~ that Keynesian Douche couldn't find his ass with a flashlight and a mirror.


Krugman or Blowbama?


coffeetime.gif


As in Keynesian Economics ~ not Kenyan...however, it's also applicable. chuckle.gif



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